RESTRICTED STOCK UNITS (Tables)

12 Months Ended

Dec. 31, 2015

Restricted Stock Units [Abstract]

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

The following table summarizes restricted stock unit transactions in 2015, 2014 and 2013: 

	Number of units
	Directors		Management companies		Total		Fair value
Units outstanding as of December 31, 2012	66,307		66,311		132,618		$5.25
Granted	47,238		47,238		94,476		$6.74
Settled	(25,388	)	(25,388	)	(50,776	)	$9.65
Units outstanding as of December 31, 2013	88,157		88,161		176,318		$9.19
Granted	27,555		27,556		55,111		$9.48
Settled	(41,134	)	(41,136	)	(82,270	)	$9.32
Units outstanding as of December 31, 2014	74,578		74,581		149,159		$4.53
Granted	24,602		24,604		49,206		$4.30
Settled	(40,462	)	(40,463	)	(80,925	)	$4.44
Units outstanding as of December 31, 2015	58,718		58,722		117,440		$1.07